The average rate for a 30-year fixed-rate mortgage reached 6.66% on Thursday, marking the highest level in a year. This increase is attributed to ongoing concerns regarding inflation and geopolitical tensions.
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30-Year Fixed-Rate Mortgage Average Reaches 6.66%
The average 30-year fixed-rate mortgage has reached 6.66%, the highest rate in a year. This rise is linked to inflation and geopolitical concerns.
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Mortgage rates hit their highest level in a year, driven by war and inflation concerns
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30-Year Fixed-Rate Mortgage Average Reaches 6.66%